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if you want to get ahead in our country is through education. so many people in our big cities are being short changed by a bad school system. we want to make it better through competition, by giving every kid the choice. part of our economic freedom zones is that federal money that comes to detroit isn't going to the school system directly but to the kid and their parents and each parent will decide which school they want to take their money to. >> it's a plan that touches regulation and education as well. >> absolutely. >> obama care, all over the news recent obviously for obvious reasons. we had heard this week that fox news was reporting that senator harry reid exempted some of his staff from signing up for obama care. have you signed up and how was that experience for you? >> don't get me started. i'm still in a bad mood from doing that. i spent two hours on wednesday doing it. i had all of my information in, all of my most personal information so i hope they're not hacking into this from all over the country. i put all my information in an
if you want to get ahead in our country is through education. so many people in our big cities are being short changed by a bad school system. we want to make it better through competition, by giving every kid the choice. part of our economic freedom zones is that federal money that comes to detroit isn't going to the school system directly but to the kid and their parents and each parent will decide which school they want to take their money to. >> it's a plan that touches regulation and...
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let me tell you that t best bargain education in this country. for kids who say you have to hop a 50,000, there is only one part of this economy right now there is onlone part of the government at all levels that is off the rails, that doesn't feel accountable and doesn't have to be productive. doesn't have to be efficient. and that is our education system in this country and it's wrecking lives under the pretense of creating a foundation for lives and careers. we have to stop the nonsense. >> that is a message that the millennialist are getting. and that is a good thing. >> think you so much, patrick. it is always great to see you and thank you monica and david. up next, he forced government health care on america and now calling for more redistribution. what is this president thinking? the prospect is scary. because here we go. psychotherapist robi ludwig psychotherapist robi ludwig gives us her diagnosis coming up [ male announcer ] here's a question for you. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energ
let me tell you that t best bargain education in this country. for kids who say you have to hop a 50,000, there is only one part of this economy right now there is onlone part of the government at all levels that is off the rails, that doesn't feel accountable and doesn't have to be productive. doesn't have to be efficient. and that is our education system in this country and it's wrecking lives under the pretense of creating a foundation for lives and careers. we have to stop the nonsense....
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let me tell you it's the best bargain and education in this country. i say every time i get the chance, and this is it. to parents who think you've got to go in hock for $50,000 a year for your kid to go to school, for kids who think you've got to go in hock for $50,000, there's only one part of this community outside the government itself ought all levels that is absolutely off the rails and doesn't feel accountable politically, responsible to citizens, doesn't have to be producti productive, doesn't have to be efficient, and that's our education system in thi country and it's wrecking lives under the pretext of creating a foundation for lives and careers. and we've got to stop the nonsense. matt, the last word. >> that's a message millennials are getting and that's a good thing. it's about time. >> thank you very much matt patrick and david webb and monica, great to seeyou. >> pleasure. >>> up next, fists were flying on black friday. amazingly the angrycrowds, low prices didn't pay off for the enthusiastic retailers. legendary investor jim riser join
let me tell you it's the best bargain and education in this country. i say every time i get the chance, and this is it. to parents who think you've got to go in hock for $50,000 a year for your kid to go to school, for kids who think you've got to go in hock for $50,000, there's only one part of this community outside the government itself ought all levels that is absolutely off the rails and doesn't feel accountable politically, responsible to citizens, doesn't have to be producti productive,...
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the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change. >> i think that the preponderance of evidence is that income is at the top half versus everyone else over the last two decades. whether that's a problem or not, it is completely unclear when you actually read all of the research that is done on it. and the other point i would make is that within the bottom 80%, the vast majority of the american population, income inequality has grown since the 1980s and in a lot of ways, that is the part that maybe we would be worried about. >> let's talk about one thing that has changed. after the 50s and 60s, when we had productivity, we have the most productive workers in the country and in the world. and in those days productivity was shared between t
the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change. >> i think that the preponderance of evidence is that income is at the top half versus everyone else...
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the fall of our education system is all overstated. sure, we should be doing better, but the fact of the matter is the numbers don't tell us anything about the economic fure of the united states and where we are going or even what to do about it. gerri: i have plenty of stats for that. t let me show you this. thirty-five countries scored higher, science, 27 scored higher, reading, 23 scored higher. lately some of the countries that are ahead of us. vietnam, ireland, poland, at the end of the day, if you don't agree with the numbers, do they tell a broad story that is basically accurate? >>well, in genel, it's a legitimate test. the problem is we are going to get all upset about these outcomes and the part of the reason that people ce is because they are telling us something about the productivity of the next generation of workers and says that her students are not going to be competitive five years down the road when i finished college were when they go into the workforce. but we have had a level of literacy in the unit states it is ac
the fall of our education system is all overstated. sure, we should be doing better, but the fact of the matter is the numbers don't tell us anything about the economic fure of the united states and where we are going or even what to do about it. gerri: i have plenty of stats for that. t let me show you this. thirty-five countries scored higher, science, 27 scored higher, reading, 23 scored higher. lately some of the countries that are ahead of us. vietnam, ireland, poland, at the end of the...
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the further you are away from the top in terms of education the worse you do. and so again this solution sounds like the tried one, a cliche, but it is the only way to solve the problem. we have to do a much better job at providing skills to the people at the bottom. melissa: i hope there are enough jobs to train those people to do so that we get everyone working. i am not convinced that is the case, but i hope it is. thank you for coming on. we love your expertise. >> thank you. melissa: and not the only one who believed out to be taken by machines. tom sullivan degrees. >> the minimum wage by as nothing to do with the economy or economics. in fact, only about 2 percent of working people get the minimum wage. the biggest bulk of them are teenagers from a flawed homes. it is simply a political wedge issue so politicians on the left can say politicians on the right don't care about blow back. but at some point to things will happen. for all those protesting for a $15 a living wage you have something to consider. first, we taxpayers already subsidize the minimum
the further you are away from the top in terms of education the worse you do. and so again this solution sounds like the tried one, a cliche, but it is the only way to solve the problem. we have to do a much better job at providing skills to the people at the bottom. melissa: i hope there are enough jobs to train those people to do so that we get everyone working. i am not convinced that is the case, but i hope it is. thank you for coming on. we love your expertise. >> thank you. melissa:...
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opportunity solarship program so people have more educational choices. this is a mask of a much deeper problem. melissa: jonathan -- >> all walmart can do, all walmart can do is trade. they trade with their customers. they trade with their employees. it is all voluntary. everyone is satisfied. unfortunately the councilman has the ability to use force. that is exactly what this is. the minimum wage is force against employers and employees. does neither of them any benefit. the one it does help are the unions w really behind this movement. not because they make minimum wage but their wages are indexed to minimum wage. we're trusting same institution that bankrupted autos, the education industry, the airline industry. we're putting economic policy in their hand and d.c. is ground zero right now. melissa: we'll leave it there. anks, guys. >> thanks. lissa: cops around the country have high-priced alternative to high-speed chases. are have you heard about car chase cannons? car chase cannons. wait until you see this. >>> half of young americans say they hate
opportunity solarship program so people have more educational choices. this is a mask of a much deeper problem. melissa: jonathan -- >> all walmart can do, all walmart can do is trade. they trade with their customers. they trade with their employees. it is all voluntary. everyone is satisfied. unfortunately the councilman has the ability to use force. that is exactly what this is. the minimum wage is force against employers and employees. does neither of them any benefit. the one it does...
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simply to evice rate spending on roads and brings and education, we are to make the tough choices. neil: there a middle ground, i want to try to -- both of you, slowly bring it in, that is don't make a you know, 180 switch right now, but stagger this in move those with a pension into a 401(k). as much as companies provides not that it is instancetainious. but as things stan now, these unfunded obligations are so staggering no one, no one will be able to pay them promises or not. >> that is voluntary, sure that economy a good solution. neil: like i said. was not voluntary for them, it is we could do something to slowly bring them to this reality, i think they can go fighting and kicking about it but for the good at keeping somebody in their mention they have to make the move now. >> voluntary, voluntary. neil: do you think that anyone would volunteer for this? they don't get something set by the company, would they volunteer for that. they never do. >> it depends on the risk, how old they are. neil: what if you gave them a sheet of paper with money on, money in money out, there was
simply to evice rate spending on roads and brings and education, we are to make the tough choices. neil: there a middle ground, i want to try to -- both of you, slowly bring it in, that is don't make a you know, 180 switch right now, but stagger this in move those with a pension into a 401(k). as much as companies provides not that it is instancetainious. but as things stan now, these unfunded obligations are so staggering no one, no one will be able to pay them promises or not. >> that...
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when i said i voted for reagan i was in canada they said you are such an educated. >> i work with 12,000 kids the best after-school programin the state for inner-city kids 12,000 kids we have a 90 percent graduation rate. john: but because you vote a certain way? >> it is the indoctrination but i keep asking socialism? ho does it work? >> in holwood they don't carry about obamacare do not affect them. john: the biggescause is saving the earth and climate change. here is a commercial done by harrison ford. >> when rainforest are slashed and burned their releases tons of carbon into the air we breathe. e changes our climate. it hurts. every bit of rain forest cut down over there really hurts us over here. john: what? waxing your chest hair and the o rain forests? it is a gmick but i would not mind so much i would not mind if they were such a hypocrite but he owns seven airplanes. he admits he once flew the jet to get a cheeseburger. it makes you wish people wouldonfront them. but this brings someone did. >> any other plans to get your chest waxed. are you still flying to get a cheeseburger
when i said i voted for reagan i was in canada they said you are such an educated. >> i work with 12,000 kids the best after-school programin the state for inner-city kids 12,000 kids we have a 90 percent graduation rate. john: but because you vote a certain way? >> it is the indoctrination but i keep asking socialism? ho does it work? >> in holwood they don't carry about obamacare do not affect them. john: the biggescause is saving the earth and climate change. here is a...
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when i said i voted for reagan i was in canada they said you are such an educated. >> i work with 12,000 kids the best after-school program in the state for inner-city kids 12,000 kids we have a 90 percent graduation rate. john: but because you vote a certain way? >> it is the indoctrination but i keep asking socialism? how does it work? >> in hollywood carry about obamacare does not affect them. john: the biggest cause is saving the earth and climate change. here is a commercial done by harrison ford. >> when rainforest are slasheand burned their releases tons of carbon into the air we breathe. the changes our climate. it hurts. every bit of rain forest cut down over there really hurts us over here. john: what? waxing your chest hair and the of rain forests? it is a gimmick but i would not mind so much i would not mind if they were such a hypoite but he owns seven airplanes. he admits he once flew the jet to get a cheeseburger. it makes you wish people would confront them. but this brings someone did. >> any other plans to get your chest waxed. are you still flying to get a cheeseburger
when i said i voted for reagan i was in canada they said you are such an educated. >> i work with 12,000 kids the best after-school program in the state for inner-city kids 12,000 kids we have a 90 percent graduation rate. john: but because you vote a certain way? >> it is the indoctrination but i keep asking socialism? how does it work? >> in hollywood carry about obamacare does not affect them. john: the biggest cause is saving the earth and climate change. here is a...
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that being said the lack of academics, the lack of education can have a real effect in generations to come. if we don't remedy the issue and em bolden our schools and create well-rounded individuals it's going to hurt in the long run. >> i've got to tell you something, we've got a false security in talking technology stuff. when i go to hospitals and look at the surgeons, i see, i don't know, maybe it's because i've been to new york and california and well over 50% of the top surgeons are either-- weren't born here or their parents weren't born here. think about silicon valley for a moment and the companies created right now. about 40% are from people from outside of this country. they're begging, they're lobbying washington to let hem hire more people from outside of this country. and you know, we've got the tech companies headquartered here, but the people populating them when you look at annual reports and looking at the names making their way to the top. none of these people were born in america. we have a false security if we think because ibm is located here and google and all o
that being said the lack of academics, the lack of education can have a real effect in generations to come. if we don't remedy the issue and em bolden our schools and create well-rounded individuals it's going to hurt in the long run. >> i've got to tell you something, we've got a false security in talking technology stuff. when i go to hospitals and look at the surgeons, i see, i don't know, maybe it's because i've been to new york and california and well over 50% of the top surgeons are...
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look at the polls, look what happened in colorado where voters rejected a tax hike to fund public education. look at history. populism works on college campuseses but looks a guy like bill bradley or howard dean it doesn't really work. stuart: we are riding a big piece, your newspaper. >> reading the wall street journal editorial page. stuart: the hard left is -- they used the word reckless, stronger stuff than that. >> a set weekend have all these kinds of fiscal fantasies as they put it. and a couple existed -- stuart: she wants to raise social security benefits and tax everybody. >> social security is broken and you can't promise american voters something you can't deliver, it is irresponsible and future generations will pay. they sounded like mitt romney in his op-ed. very refreshing. stuart: you are closer to politics than i am. uh battle between moderate democrats and the hard left, you say who wins? >> it depends how badly -- the minute this thought that can out you saw moveon.org and other groups try to shut down this debate. it is not conversations they want to have. this is a hall
look at the polls, look what happened in colorado where voters rejected a tax hike to fund public education. look at history. populism works on college campuseses but looks a guy like bill bradley or howard dean it doesn't really work. stuart: we are riding a big piece, your newspaper. >> reading the wall street journal editorial page. stuart: the hard left is -- they used the word reckless, stronger stuff than that. >> a set weekend have all these kinds of fiscal fantasies as they...
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education is one of the biggest factors and we can't emphasize that in most. we focus on what you can do. individuals have a tremendous amount of power and determining their individual destinies and they are very practical, living within your means. dennis: let me point out a lot of emphasis lamenting the gap, nobody talking about don't get as many tattoos, don't buy as much gold jewelry. how about cutting back and saving. >> exactly, don't over leverage yourself. dennis: thank you. from bank rate.com. cheryl: lets go to the floor of the new york stock exchange. senior vice president. just speaking within the last 20 minutes, anything you have heard from them that changes your opinion about the timing of the taper? >> no, it doesn't. he had to think mindset with them. more of a centrist. they are the three biggest hawks that fit inside the federal reserve system. unfortunately the matter what they say when it is working anymore or not, they don't have a vote this year. this is what they have been doing the last year trying to drum up the market, the department
education is one of the biggest factors and we can't emphasize that in most. we focus on what you can do. individuals have a tremendous amount of power and determining their individual destinies and they are very practical, living within your means. dennis: let me point out a lot of emphasis lamenting the gap, nobody talking about don't get as many tattoos, don't buy as much gold jewelry. how about cutting back and saving. >> exactly, don't over leverage yourself. dennis: thank you. from...
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tablets offer a world of education and discovery for children. but it can also, kids can have some pretty bad experiences and go to bad places in the internet. when you're picking a tablet for a young child i think it is important you pick one robust, kid tough and super safe out of the box and has a safe internet experience. that's what we tried to do with it. tracy: it has all the fabulous cartridges and completely upgraded from what i certainly saw with my kids. my son will be 13 now. i wrote fbn on it. isn't that fun? you can take pictures. kids love the stuff. i'm so smart. i learned it from leap pad. let's move on though. you have the leap reader. we had that when my kids were little as well. this has come so far. >> yeah. you know 18 years ago mike woods started leapfrog with the mission of teaching children how to learn to read. there is nothing more than important child's learning journey than learning to read. amazing technology inside happy reader brings words and sentences to life. it teaches the children alphabet. it teaches children
tablets offer a world of education and discovery for children. but it can also, kids can have some pretty bad experiences and go to bad places in the internet. when you're picking a tablet for a young child i think it is important you pick one robust, kid tough and super safe out of the box and has a safe internet experience. that's what we tried to do with it. tracy: it has all the fabulous cartridges and completely upgraded from what i certainly saw with my kids. my son will be 13 now. i...
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all of that was really, that education is what really brought me to build wicker. it's a way for my friends and family to communicate and not have to worry about someone else watching them. lori: so what can you tell me about the technology? essentially data disappears after six days. you can program the time period if you want? >> exactly. in order for a message to truly self-destruction, 2 has to be anonymous, private and secure. we also, forensically wipe everything on the device after it is gone. we delete the metadata and bind the messages to the device. on top of using top secret encryption. lori: could you take a screen grab though. >> that is a really good question. in the version 2.0% releasing this coming week we actually took out the anti-tam perking, anti-screen tab technology because we wanted to prove a point that we always say this is, this is a "mission: impossible" this is sending a message, spy to spy. so really important for people to know, you never send a message to someone you don't trust. at the same time your biggest defense is plausible den
all of that was really, that education is what really brought me to build wicker. it's a way for my friends and family to communicate and not have to worry about someone else watching them. lori: so what can you tell me about the technology? essentially data disappears after six days. you can program the time period if you want? >> exactly. in order for a message to truly self-destruction, 2 has to be anonymous, private and secure. we also, forensically wipe everything on the device after...
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. >> putting a guy with university of marylander education against a mow bell prize winning economist. that is tough argument. to be perfectly honest with you, i understand a lot of people are frustrated that the market is moving away from fundamentals. the market is forward looking mechanism. we're looking for solid earnings expansion that could come up next year. a lot of times some of the best moves -- david: that's a very important point because we do mention the fear attached with rates going higher but some cases, as long as it's orderly there are some industries, particularly small regional banks that could do very well if interest rates kick up a bit, right? >> we saw the yield curve get very steep over past couple months given what is wrong in the rate pits. that is tailwind for financials. you hit the nail right on the head, small cap banks, regional banks, they're heavy in assets this is big earnings catalyst for them having higher rates. that is another nice tailwind. that is why we saw a lot of regional banks outperforming their big bank brothers. liz: don't undersell the
. >> putting a guy with university of marylander education against a mow bell prize winning economist. that is tough argument. to be perfectly honest with you, i understand a lot of people are frustrated that the market is moving away from fundamentals. the market is forward looking mechanism. we're looking for solid earnings expansion that could come up next year. a lot of times some of the best moves -- david: that's a very important point because we do mention the fear attached with...